4//SEC Filing
Keenan W Howard JR 4
Accession 0001140361-25-009503
CIK 0001865187other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 7:11 PM ET
Size
12.9 KB
Accession
0001140361-25-009503
Insider Transaction Report
Form 4
Keenan W Howard JR
Director10% Owner
Transactions
- Conversion
Class A Common Stock
2025-03-17+1,000,000→ 1,000,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2025-03-17$27.70/sh−1,000,000$27,700,000→ 0 total(indirect: See Footnote) - Other
Class B Common Stock
2025-03-17−1,000,000→ 9,304,608 total(indirect: See Footnote) - Conversion
Solaris Midstream Holdings, LLC Units
2025-03-17−1,000,000→ 9,304,608 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (9,304,608 underlying)
Holdings
- 30,059
Class A Common Stock
Footnotes (5)
- [F1]On March 17, 2025, Yorktown Energy Partners XI, L.P. ("Yorktown XI") requested that 1,000,000 shares of Class B common stock of the Issuer ("Class B common stock") and 1,000,000 units of Solaris Midstream Holdings, LLC ("Solaris LLC") be redeemed, and Solaris LLC elected to redeem such securities for an aggregate of 1,000,000 shares of Class A common stock of the Issuer.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
- [F3]These securities are held directly by Yorktown XI, whose general partner is Yorktown XI Company LP ("Yorktown XI Company"), whose general partner is Yorktown XI Associates LLC ("Yorktown XI Associates"). The reporting person is a managing member of Yorktown XI Associates. The reporting person, Yorktown XI Company and Yorktown XI Associates are indirect beneficial owners of the reported securities.
- [F4]Each share of Class B common stock has no economic rights but entitles its holder to one vote on all matters to be voted on by stockholders generally.
- [F5]Subject to certain limitations and exceptions described in the Fourth Amended and Restated Limited Liability Company Agreement of Solaris LLC, the units of Solaris LLC are redeemable from time to time for shares of Class A common stock (on a one-for-one basis, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions), with a corresponding number of shares of Class B common stock cancelled for no consideration.
Documents
Issuer
Aris Water Solutions, Inc.
CIK 0001865187
Entity typeother
Related Parties
1- filerCIK 0001370287
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 7:11 PM ET
- Size
- 12.9 KB